đ¨đ¨ #BTC⏠halving has only 55 days left! If you look at the previous history of Bitcoin halving rallies since 2011, BTC made a big correction after printing a local top 1-3 months before the halving!
2012 Halving Rally: Top made 3 months before the halving and then -50% dump 2016 Halving Rally: Top made 1 month before the halving and then -62% dump 2020 Halving Rally: Top made 3 months before the halving and then -38% dump
Only 2 months left for the 2024 $BTC Halving. We haven't seen any big correction in this rally so there will be a major correction, like 30 to 40% from the local top! It will be our last buying oppurunity! $ETH $SOL #ETH #TrendingTopic #Halving #UNI
đ $BTC is currently supported by the 557xx price range after pumping strongly from the bottom up
đ BTC is running an upward accumulation wave - in the short term, 557 will be the OB hold and support the price of the previous strong pump. The price has not broken + has not closed the candle below 557xx, then BTC will continue to move sideways to continue going up.
đ˘Buy sclap short term, wait for 565xx - 558xx to hit
Bitcoin "Out Presents" Gold and S&P 500 in terms of ROI
At Halving 2020, BTC saw the lowest ROI (March 2020 - 2 months before Bitcoin Halving) with only 43% since February 2019, when the market was gradually accumulating waiting for the third Halving.
Since then, BTC has continuously grown and peaked in November 2021 to reach an ROI of 1699%, currently BTC is also having an ROI of 1298%! It only takes ~22% for BTC price to return to its old peak and achieve the current ROI
There is also a big difference between Bitcoin and the traditional market in terms of ROI. Within 14 years since its launch, BTC has increased by 1.9B%, while Gold is +80% and S&P 500 is 353%.
February 2024 is also nearly 2 months away from the 4th Halving, and #BTC⏠is only more than 20% away from its peak, it is highly likely that $BTC will approach an even higher ATH level.
=> Halving 2024 may open a super cycle for the crypto market. After that, the market will probably enter a stable period like the traditional market #ETH #sol #Meme #TrendingTopic $ETH $XRP
New guys should know đ These are five things below can increase your chances of achieving your bull run targets đŻ
â˘Airdrops: We are heading into the bull run, Airdrops can be a quick and (relatively) easy way to kickstart your portfolio. Try not to miss any big project airdrops.
â˘Fundamental & Technical research: Before making any investment, Do deep fundamental & technical research. You should know everything from tokenomics to the unlock schedule. It might be too late to learn how to do deep dives into a crypto but you can learn the basics.
â˘Invest & HODL: Think from a macro perspective and invest. We spent this whole bear market being super conservative because it was the right move. Now we are heading into the bull market, it's time for reprogramming. Dips are for buying, not selling! In bull market, a $1B mcap crypto can do 100x. A $100B market cap is possible in this run!
â˘Narratives: Play swings in different narratives. You can't get into all the narratives but plan to play a few. And as you make money switch to the next one. Timing will play a big role here.
â˘Participate in IDOs: Your luck will be a big thing here. But you have nothing to lose.
â˘Risk management and planning: You should plan where you are entering & where you'll exit. And your risk of losing should controlled. If you don't have a lot of capital, gambling on shitcoins hoping you might hit a 1000x will only ensure you have no capital. Be patient, invest in safe projects, and grow your capital. Make a Take Profit Plan, always take out your seed money after 2-3x gain!
#VET Here's the old coin, Ryan just bought $VET 150k entry 0.045 don't have too high expectations just surf x2-3 and you'll fall.
You can also play with new coins. Wherever you feel profitable, you can play, it doesn't matter if it's new or old.
But there is one problem: new coins are now listed for social use rather than investment. The advice is to just surf x2-3 falls and it's good, wait for a good position then buy and hold after pri, seed x200-300 times is your entry. Is it worth buying to hold?
Before placing an order, Ryan always asks questions, IF IT IS TRUE, WHAT DOES IT GIVE? IF IT IS WRONG, WHAT WILL YOU LOSE? đď¸ Ryan Nguyen $BTC $ETH #Meme #BTC #ETH #DOGE
Currently, the price is testing a resistance area. A bullish break above this resistance area could indicate a movement towards the next resistance zone. It is recommended to wait for a breakout and retest before opening new long positions.
W: close the spinning tops candle and the lower wick is quite long. After trapping the short side at 35594, then withdraw the wick strongly and turn on the green candle. W: string of green candles
D: still running in the rising wedge with no signs of reversal after testing the product
H4-H1-M15: all show increased trading on ema34-89, showing the bullishness of the market
âĄď¸In my personal opinion, BTC will continue to increase to the 40-42k area, the price is supported in important areas quite well.
đ˘Total mkc is currently also having a string of green candles, the resistance area can be targeted around 1.65T
đ˘BTC.D is also showing quite good bullishness, the target resistance zone is around 58%.
#BTC update "This Friday November 17th is the last day of 2023 #sec may approve Bitcoin SPOT ETF, otherwise #etf decision will be pushed to 2024."
Please remember to be careful with this milestone, there are only 2 days left, and it falls on the weekend.
â ď¸ Not sure what will happen, but beware of the worst case scenario. No matter what you play, it's still "go softly, speak softly, low volume, full stoploss" $BTC $ETH $SOL #Marketupdate #cryptonews
đ˘Currently, $BTC is swiping above the resistance zone after the recent shake out, I see that this period is about to hit the market's necessary correction.
đ˘It is expected to adjust to around 35k5-35k2, similar to EMA89 H4
btc is quite bad, the market share poured into holding #altcoins quite a lot in the short term will find around the 52% mark.
Total3, in terms of candlesticks, is not very positive for a big break. In this part, those who have a good #Spot position should continue to hold, those who are in fomo should be careful.